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Andretti explains what ‘killed' Alfa Romeo buyout deal

Michael Andretti says issues surrounding who had control of Alfa Romeo is what 'killed' the deal for him to buy the team. Andretti Autosport were in talks to buy an 80% stake in the Sauber Group, which owns the Alfa Romeo Formula 1 team, that would have brought the American outfit into Formula 1. However, talks broke down at the final stage of negotiations when it came to the day-to-day running of the team, and nothing to do with lack of finances which had been a previous rumour. Speaking as Devlin DeFrancesco was announced as one of his IndyCar drivers for 2022, the team's CEO elaborated on how the deal to make a move to Formula 1 fell through. “I’d just like to put an end to some of...
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3y ago from PlanetF1.com 0
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